BMW X5 Lease Questions

2262 messages,  Last post on May 19, 2013 at 9:01 AM

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What is this discussion about? BMW X5, Car Leasing, SUV

#114 of 2262 X5 3.0, Finally by tpjcourtney

Nov 13, 2005 (8:30 am)

MSRP 50520, Selling price 48270, Acq Fee 625, title fee 9.50, Gross cap cost 48904.50
 
MF .001, 15k res 57%, first mon. + 700 sec dep + 201 sales tax for out the door of 1579. Pmt is 636 + tax.
 
Didn't seem to be any more around here in the price. They were 1700 over "their" cost, which was invoice + regional advertizing/training fees (300) from BMW. Since I hadn't gotten to even 2000 below msrp at any other dealer in colorado, I figured 2250 off was good enough.
 
Thanks for hosting this board, I doubt I would have gotten this deal without all the info here. Hope this helps someone else.

#115 of 2262 New X5 incentives on 2006 by stevem87

Nov 17, 2005 (2:16 pm)

Does anyone know if there are some newly available dealer incentives on the 2006 X5 4.4i? Suddenly I am getting much better offers on discounts from the dealers I have been working with.
 
Thanks in advance.

#116 of 2262 Residuals by stevem87

Nov 17, 2005 (3:15 pm)

Now I am also hearing the residuals have changed on the 3.0 X5. Does anyone know the latest incentives on both the 3.0 and the 4.4i?
 
Thanks much

#117 of 2262 Re: Is this good? [chester01] by Car_man HOST

Nov 21, 2005 (5:24 am)

Replying to: chester01 (Nov 07, 2005 6:12 am)
No problem, chester01. Thanks for the additional information. OK, so you were offered a 2006 BMW X5 4.4 with an MSRP of $63,280 for $59,290. this looks like a very reasonable price to me. I suspect that it is less than $1,000 over dealer invoice. Using the prices that you mentioned, I worked up a lease payment on this truck for you using BMW Financial Services' actual lease program and came up with a 36 month, 15,000 mile per year, zero down, pre-tax monthly payment of exactly the $740 per month that you were quoted. With a $1,800 capitalized cost reduction, which I advise against, this truck's monthly payment would drop to around $689. The fact that this dealer is getting you out of your current 5-Series lease probably having an impact upon your deal, but it is not making all of these payments for you. BMW is running a special early lease termination program right now that will waive up to three remaining payments for current lessees. That means that only two of your five remaining lease payments are coming out of your dealer's pocket.
 
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#118 of 2262 Re: X5 3.0, Finally [tpjcourtney] by Car_man HOST

Nov 21, 2005 (5:25 am)

Replying to: tpjcourtney (Nov 13, 2005 8:30 am)
Congratulations on your new truck, tpjcourtney. Thanks for taking the time to stop back and provide such detailed information on your deal. Enjoy!
 
Car_man
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#119 of 2262 Re: New X5 incentives on 2006 [stevem87] by Car_man HOST

Nov 21, 2005 (5:28 am)

Replying to: stevem87 (Nov 17, 2005 2:16 pm)
Hi stevem87. I do not believe that BMW is currently providing any sort of dealer cash on this truck right now. Perhaps the market for it has just softened up a bit. The auto industry in general has been pretty slow for the past couple of months.
 
Car_man
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#120 of 2262 Re: Residuals [stevem87] by Car_man HOST

Nov 21, 2005 (5:31 am)

Replying to: stevem87 (Nov 17, 2005 3:15 pm)
Hi stevem87. BMW is not currently providing any sort of cash incentives that I am aware of on the 2006 X5. I can give you an idea of what its current lease program is like though. You never mentioned how long you want to lease these trucks for or how many miles per year you need to be able to drive them, so for now I will assume that you are interested in a 36 month, 15,000 mile per year lease. If you were to lease a 2006 BMW X5 3.0 through BMW Financial Services right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00100 and 57%, respectively. The numbers for an otherwise identical lease of a 2006 X5 4.4i should be exactly the same.
 
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#121 of 2262 Re: Is this good? [Car_man] by chester01

Nov 21, 2005 (6:46 am)

Replying to: Car_man (Nov 21, 2005 5:24 am)
Thanks Car_man, it's nice to know I got a decent deal. The dealer even gave us the 6-changer CD for free and the payment with tax included is $735 a month. We picked up the car on Friday and it's beautiful. A little worried about the bogging down when you step on the gas from a dead stop. Maybe I was just use to my 540i with sports package, although the x5 4.4 has 25 more horsepower than the 540i had. It does shift harder in Sport rather than on manual which it should I'm sure. Have heard no rattles, squeaks. Although do hear wind noise through front of truck. The heated steering wheel is heaven, our son loves the rear heated seats. I'm knocking on wood that things will remain good. Thanks!

#122 of 2262 x5 lease ? by bmw07039

Nov 25, 2005 (10:02 am)

I’m looking for a good lease on a X5 3.0 with Auto/Prem/Nav/Cold package. I’m not sure what should I be paying. I got a quote for $710 including tax in NJ. The price of the truck is 49700 with a 2.4% and 59% residual value. Any one knows if this is something I should pursue.

#123 of 2262 Was my lease payment correct? by monster198

Nov 25, 2005 (10:37 am)

Just got the quote from the dealer. X5 3.0 MSRP 45820, got negotiated down to $42,500, I got quote for $1700 down and $513/mo in CT, 2.4% w/ residual of 59% and 12k per year.
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